signal strength 2 of 5
According to the chart of M15, NZDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 85.95 while the median line of the Neck is set at 86.24/86.20. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of NZDJPY will go towards 86.43.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5590; the lower boundary 1.5393; the width of the pattern 197 points
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The Double Top reversal pattern has been formed on EURCAD M15. Characteristics: the upper boundary 1.5587; the lower boundary 1.5393; the width of the pattern is 197 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the GBPJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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